Operating Expenses
Professional fees
Wells Fargo & Company Professional fees decreased by 13.8% to $1.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $1.04B to $1.07B. Over 4 years (FY 2021 to FY 2025), Professional fees shows a downward trend with a -5.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 29, 2026
How to read this metric
A significant increase may indicate high levels of M&A activity, litigation, or complex restructuring efforts.
Detailed definition
Encompasses payments made to third-party service providers, including legal counsel, accounting firms, and management co...
Peer comparison
Standard operating expense line item found in the SG&A section of the income statement.
Metric ID:
professional_feesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.45B | $1.42B | $1.47B | $1.29B | $1.31B | $1.24B | $1.36B | $1.23B | $1.30B | $1.31B | $1.24B | $1.10B | $1.14B | $1.13B | $1.24B | $1.04B | $1.09B | $1.18B | $1.24B | $1.07B |
| QoQ Change | — | -2.3% | +3.6% | -12.4% | +1.9% | -5.7% | +9.9% | -9.4% | +6.1% | +0.5% | -5.2% | -11.4% | +3.5% | -0.8% | +9.5% | -16.1% | +4.9% | +8.1% | +5.0% | -13.8% |
| YoY Change | — | — | — | — | -9.7% | -12.8% | -7.6% | -4.4% | -0.5% | +6.1% | -8.5% | -10.4% | -12.7% | -13.7% | -0.4% | -5.7% | -4.4% | +4.2% | -0.1% | +2.7% |
Range$1.04B – $1.47B
CAGR-6.3%
Avg YoY Growth-4.9%
Median YoY Growth-5.1%
Professional fees at Other Companies
Frequently Asked Questions
- What is Wells Fargo & Company's professional fees?
- Wells Fargo & Company (WFC) reported professional fees of $1.07B in Q1 2026.
- How has Wells Fargo & Company's professional fees changed year-over-year?
- Wells Fargo & Company's professional fees increased by 2.7% year-over-year, from $1.04B to $1.07B.
- What is the long-term trend for Wells Fargo & Company's professional fees?
- Over 4 years (2021 to 2025), Wells Fargo & Company's professional fees has grown at a -5.6% compound annual growth rate (CAGR), from $5.72B to $4.54B.
- What does professional fees mean?
- The total cost of external legal, accounting, and consulting services.